In April 2017, the World Bank Group’s Universal Financial Access 2020 initiative set the goal to provide financial access to adults currently left out of the formal financial system. Globally around 2[...]

(Pay1 retailer Kanchan Singh who operates from home) India has been witnessing a drop in the number of women employed. It is common to see women dropping out of work either post marriage or after giving birth to a child. A new dimension is however showing up – access to higher education. Women today recognize […]

Everywhere there is talk of digital inclusion and digital payments. The Government is earnestly pushing for the same. Recently, NITI Ayog reiterated digital thrust as a focus area amongst the 300 action points submitted for accelerating Indian economy. Yet, for this to happen, India needs to be digitally connected and even if the whole length-breadth […]

Who does not wish for his/her business to grow? But not all businesses are successful. Same is the case with the business of retail. Look around you. Your area is likely to be surrounded by retail shops of all kinds. You have the familiar mom-&-pop stores that have been frequented by your family since decades. […]

The ‘Asian Development Outlook 2017: Transcending the Middle-Income Challenge’ has forecasted India’s GDP to grow by 7.4% in 2017 and 7.6% in 2018. The report further states that India will continue to maintain its status as the world’s fastest growing major economy. Recent banking reforms and the Government’s drive for digital payments/transactions are a big […]

Want to become a Pay1 distributor? Join us today! Are you the one who always dreams of owning your own business? Do you get a thrill of being your own boss? Does the thought of controlling your own enterprise excite you? Then, Pay1 offers you the perfect opportunity to fulfill your dreams and embark […]

The last three years witnessed a huge wave in the startup job market. Big fat salaries caught everyone’s fancy. Then, as expected, the wave crashed. Layoffs replaced fat salaries. What we see today is the whole Indian startup story churning upside down. I see this as huge disaster for Indian economy specially, for innovation driven […]

2017 is here folks, and it is that time of the year where we make a new resolution, new goals, new set of ambition and try to achieve them. Every year transforms our personality in one way or another, and that is what keeps us going, to make ourselves better and better. This resolution […]

India is a country that flourishes on human resources. The westernization or technological advancements have shown radical transformations in its business processes and commercial transactions, the core essence of all the businesses being us! Yes, we the humans! Being the second most populated country in the world, there is a large availability of a workforce […]

The boom of urbanization and digital revolution in India has transformed Indian marketplaces never before. The retail industry in India shares about 22% of its GDP in Indian economy. As of 2015, there were 12 million kirana stores in India translating into 10 stores per 1,000 Indians. The advent of FDI in retail has enabled […]

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